costcutting

Mary Barra, CEO, GM at the NYSE, November 17, 2022.Source: NYSEDETROIT — General Motors is raising its 2023…

Spanish football giants FC Barcelona have announced that the club’s TV channel, Barca TV, will close on June…

Walt Disney’s ABC News laid off several senior executives on Thursday, as it restructures…

Tencent Holdings on Thursday said it would restrict its focus to its core business, while maintinaing cost-cutting…

"Twitter began negotiations with the three major music conglomerates — Universal, Sony and Warner —…

Even the robots don’t have job security at Google parent Alphabet. The tech giant…

Photographer | Collection | Getty ImagesSwedish telecom company Ericsson will lay off 8,500 workers as part of its…

Mark Zuckerberg’s Meta Platforms on Wednesday reported a 55% fall in quarterly profit,…

The budget-cutting ax is in full swing at CNN.The news network is shutting down “Morning Express,” the daily…

Elon Musk plans to eliminate about 3,700 jobs at Twitter, or half of the social media company’s workforce, in a bid…